Tag Archives: NYSE

Sprint Nextel Gains After Announcing Debt Retirement

Posted on May 9, 2012 by Richard Carlyle

Sprint Nextel Corporation (NYSE: S) gains 4% to $2.60 in the morning hours after the company announced today the early retirement of first quarter 2012 debt maturities with an aggregate principal balance of $2.25 billion. The securities comprising the $2.25 … Continue reading →

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Rio Tinto plc (NYSE: RIO) Shares Jump On Expansion Plans

Posted on March 6, 2012 by Anna Lin

On September 15, 2011, Rio Tinto plc (ADR) (NYSE:RIO) announced its decision of investing further $833 million on power & fuel projects in its iron ore operations in Western Australia’s remote Pilbara region to expand production of the steelmaking commodity, … Continue reading →

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HEICO Corporation (NYSE: HEI) Slumped On heavy Volume

Posted on February 23, 2012 by Richard Carlyle

HEICO Corporation (NYSE:HEI) today announced that the company has been successful in completing its first 3D Plus Acquisition. The announcement which was made on June 21, 2011 acquire 3D Plus was completed with the acquiring of Buc, France-based 3D Plus. … Continue reading →

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CareFusion Corporation Falls After Preliminary 2Q Results

Posted on January 23, 2012 by Anna Lin

CareFusion Corporation (NYSE:CFN) plummeted 8.52% to $23.35 in the early hour after the company announced preliminary second quarter results in advance of a presentation by Chairman and CEO Kieran T. Gallahue at the annual J.P. Morgan Healthcare Conference. The company … Continue reading →

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Schnitzer Steel Industries Reports 1Q Results, Shares Flat

Posted on January 22, 2012 by ankit

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) gained 0.21% to $43.79 in the morning hour after the company reported fiscal first-quarter profit which fell 61% as the company witnessed a sharp slowdown in demand, mainly due to the European debt crisis. The … Continue reading →

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Dillard’s, Inc. (DDS) Slumped After Third Quarter Earnings

Posted on January 6, 2012 by Richard Carlyle

Shares of Dillard’s, Inc.  (NYSE:DDS) slumped on Friday following the company reported lower than estimated gross margin for its retail business, overshadowing its sharp increase in net profit during the this quarter. The company said that it net profit during … Continue reading →

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Huntington Ingalls Industries Inc (NYSE:HII) Share Opens Lower by 3%

Posted on December 14, 2011 by Simon Bell

On Friday September 30,2011, Huntington Ingalls Industries Inc (NYSE:HII) a firm engaged in designing,developing and maintaining nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships  across the globe, annunciated that its … Continue reading →

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Hartford Financial Services Plans To Buy Back Shares

Posted on December 13, 2011 by Rohit Sarin

Hartford Financial Services (NYSE: HIG) Chief Executive Liam McGee said that the company expects to begin buying back shares soon and will complete its $500 million repurchase program early in next year’s second quarter. The company had announced the repurchase … Continue reading →

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Smithfield Foods Shares Slid As Profit Fell 16%

Posted on December 9, 2011 by Simon Bell

Smithfield Foods, Inc.  (NYSE: SFD) fell 2.33% to $24.35 in the morning hours after the company’s fiscal second-quarter earnings fell 16% as the company saw a considerable increase in input costs. The company reported a second quarter profit of $120.7 million, … Continue reading →

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Stryker Corporation (NYSE:SYK) Trading Flat Ahead of Earnings

Posted on December 4, 2011 by Rohit Sarin

According to RBC Capital Markets analyst constancy in the U.S. hospital capital spending and the orthopedic markets would help both Stryker Corporation  (NYSE:SYK) and Zimmer Holdings, Inc.  (NYSE:ZMH) meet the analyst expectations for the 3rd quarter, and increase the company … Continue reading →

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